Araku Coffee goes global with Paris launch

Image
Press Trust of India Mumbai
Last Updated : Feb 24 2017 | 6:42 PM IST
Domestic coffee company Araku Global Holdings today marked a global debut by opening its flagship retail store in Paris which will retail its homegrown blend of Arabica coffee.
The top quality blend will retail under the 'Araku' brand at a premium pricing, and is cultivated by the indigenous tribes of the Araku Valley in Andhra Pradesh.
Araku Global Holdings was formed as a social enterprise by top businessmen including Anand Mahindra of Mahindra Group, Kris Gopalakrishnan of Infosys, Satish Reddy, Chairman of Dr Reddy's Laboratories and Rajendra Prasad Maganti, chairman, Soma Enterprise.
To ensure maximum benefit to the farmers, it bypasses middlemen and sells directly to the end consumer.
Araku Global Holdings is managed by the Naandi Foundation's CEO Manoj Kumar along with other trustees.
The initiative will help support marginalised farmers, the company said in a statement.
"We are focused on making Araku a globally recognised luxury coffee brand from India, while helping improve the lives of tribals in the Araku Valley," Anand Mahindra said.
In addition to a store in Paris, Araku Coffee is also being sold at the LVMH Group-owned La Grande Epicerie de Paris and will soon be on the shelves of other high-end Parisian concept stores, the statement said.
The brand is also available in Switzerland and will be launched in a range of European markets shortly, it said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 24 2017 | 6:42 PM IST

Next Story